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Business Daily
An expensive democracy
Apr 10, 2019
James Crabtree, author of The Billionaire Raj, discusses the extensive illegal funding in Indian elections. Topics include paid political rally attendees, multiple party recruitment by election agents, and the challenges of reforming corrupt practices in campaign financing.
18:09
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Quick takeaways
- Illegal cash bribes fund Indian elections, raising corruption concerns.
- Political rally attendees paid by agents work for multiple parties, questioning genuine support.
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High Cost of Indian Elections
India's election process is one of the world's most expensive, with an estimated $5 billion spent by political parties in the previous election. This amount, expected to rise to $7 billion, is significantly higher than the median income of Indian citizens. A substantial portion of this expenditure is done illegally, involving cash bribes to voters and unreported expenses.
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Discover
highlights
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